India: VESCO to auction 24,000 t of iron ore from Karnataka

Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for sale of 12,000 t of iron ore fines (Fe58.25%) and 12,000 t of lumps (Fe62.80%) from its Ramanamalai mines in Karnataka on 13 Feb’23. The floor price for fines and lumps is set at INR 3,900/t and INR 4,975/t, respectively (including royalty, DMF and NMET charges).


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